in both cases triangle or flat in 1 hour interval , a breakdown of 1124.3 is expected before possioble move up . keep eye on it :
Yes and No. Yes it will keep going down, but
I am not sure there will be a sharp move down, I think it will stay slow motion down for quite some time. The final destination is still to come, though when the decline stop, I am expecting a nasty reversal. So I will be watching carefully the reversal point.
But for me, it is a done deal, I am not longing Gold anytime soon.